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1 FINANCE MCQS

The exchange members who place buy and sell orders from the public are called what?

  • Floor broker
  • Roof broker
  • Broker of the auction
  • Leverage investment broker
Correct Answer: A. Floor broker

Detailed Explanation

In stock exchanges, a floor broker is a licensed member who executes buy and sell orders on behalf of the public or clients. They act as agents, ensuring that orders are carried out at the best possible price in the trading floor. Terms like roof broker, broker of the auction, or leverage investment broker are not standard roles in financial markets. That is why floor broker is the correct answer.

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